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11

Corrected: Xiaomi puts indefinite delay on CDRs in blow to China's plans for tech listings

Reuters / Technology

HONG KONG (Reuters) - Chinese smartphone maker Xiaomi Corp said on Saturday there is no time frame for a mainland share offering, casting doubt on Beijing's efforts to lure foreign-listed Chinese tech giants back home.

06

China's Xiaomi says has no timeframe for mainland share offering

Reuters / Finance

HONG KONG (Reuters) - Chinese smartphone maker Xiaomi Corp said on Saturday there is no timeframe for a mainland share offering and the company has no disagreement with the China Securities Regulatory Commission.

01

UPDATE 2-China's ZTE expected to take last step to lift ban -U.S. official

Reuters / Finance

(Reuters) - ZTE Corp is expected to deposit $400 million in an escrow account in a U.S. bank in the "next couple of days," the last step the Chinese company must take before a ban on U.S. suppliers can be lifted, a U.S. Department of…

Friday, Jun 22

00

Netflix communication head quits over 'insensitive' comment

Reuters

(Reuters) - Netflix Inc Chief Communications Officer Jonathan Friedland is leaving the video streaming company, a company spokesperson said on Friday without giving more details.

23

Bitfinex chief strategy officer departs

Reuters / Technology

NEW YORK (Reuters) - Bitfinex Chief Strategy Officer Phil Potter is leaving the cryptocurrency trading platform, the executive and the exchange told Reuters on Friday.

22

Bitcoin falls to four-month low in persistent bearish trend

Reuters

NEW YORK (Reuters) - Bitcoin dropped to a more than four-month low on Friday, continuing a downtrend after more negative headlines such as Japan's financial regulator ordering six digital currency exchanges to make improvements on their…

21

U.S. Supreme Court restricts police on cellphone location data

Reuters

WASHINGTON (Reuters) - The U.S. Supreme Court on Friday imposed limits on the ability of police to obtain cellphone data pinpointing the past location of criminal suspects in a major victory for digital privacy advocates and a setback for…

19

BlackBerry signals slowing sales on subscription switch

in.reuters.com

(Reuters) - Canada's BlackBerry Ltd signaled slowing sales in its software and services business as it switches to a subscription-based model, sending its shares down nearly 10 percent.

Uber car's 'safety' driver streamed TV show before fatal crash -police

Reuters / Technology

SAN FRANCISCO/WASHINGTON (Reuters) - The safety driver behind the wheel of a self-driving Uber car in Tempe, Arizona, was streaming a television show on her phone until about the time of a fatal crash, according to a police report that…

UPDATE 1-Tesla recycling machine catches fire at Fremont, Calif. campus

Reuters

(Reuters) - A machine used for paper recycling caught fire Thursday night at Tesla Inc's Fremont, California, campus, outside the company's car production factory, but manufacturing was not affected, the company said.

18

Tesla suffers fire Thursday at Fremont campus

Reuters / Technology

(Reuters) - Tesla Inc said it suffered a fire Thursday night at its Fremont facility.

First human test of robotic eye surgery hailed a success

www.reuters.com

The world's first trial of robot-assisted eye surgery has been hailed a success after the machine helped to remove any tremors in the surgeon's hand movements. Stuart McDill reports.

South Africa's Naspers annual profit up 72 percent, helped by Tencent stake

in.reuters.com

JOHANNESBURG (Reuters) - Africa's biggest company Naspers reported a hefty 72 percent rise in annual profit on Friday, on a strong showing from its Chinese money spinner Tencent, sending its share rising.

17

Naspers lines up $8.2 billion war chest to scale up tech ventures

in.reuters.com

JOHANNESBURG (Reuters) - Naspers plans to deploy its $8.2 billion war chest to step up growth in its e-commerce ventures, its chief executive said on Friday, part of a push to cut the company's dependence on its Chinese money spinner…

15

Satellite operator Echostar unveils stake in bid target Inmarsat

Reuters

LONDON (Reuters) - Shares in British satellite operator Inmarsat leapt on Friday after its U.S. suitor EchoStar disclosed stakes in the London-listed company's equity and debt.

14

BlackBerry quarterly results beat on software strength

in.reuters.com

(Reuters) - Canadian software maker BlackBerry Ltd on Friday reported quarterly revenue and profit that topped analysts' estimates, driven by strong growth in its high-margin software and services business.

China's Hainan says will partly lift 'Great Firewall' to lure foreign tourists

in.reuters.com

BEIJING/SHANGHAI (Reuters) - China's southern province of Hainan will offer foreigners unrestricted internet access to Facebook, Twitter and YouTube as part of new incentives to boost tourism.

10

Chinese crypto-mining operator busted fiddling power bill - media

in.reuters.com

SHANGHAI (Reuters) - Chinese police have seized more than 200 computers used to mine the cryptocurrencies bitcoin and ethereum after a man tried to swindle the electricity company to avoid the bills he faced to power his operation, the…

Japan watchdog orders improvements at cryptocurrency exchanges

Reuters / Technology

TOKYO (Reuters) - Japan's financial regulator said on Friday it has ordered cryptocurrency exchanges including bitFlyer, Inc., one of the country's biggest, to make improvements to lax measures on money laundering.

Uber driver was streaming Hulu show just before self-driving car crash - police report

Reuters

SAN FRANCISCO (Reuters) - Police in Tempe, Arizona said evidence showed the "safety" driver behind the wheel of a self-driving Uber was distracted and streaming a television show on her phone right up until about the time of a fatal…

07

Taiwan's Foxconn calls Sino-U.S. trade spat a 'tech war'

Reuters

TAIPEI (Reuters) - Foxconn, the world's largest electronics contract manufacturer, on Friday said the U.S. and Chinese governments are engaged in a technology war, not a trade war, describing the spat as the biggest challenge the Taiwanese…

Intel CEO resigns after probe of relationship with employee

Reuters

(Reuters) - Intel Corp Chief Executive Brian Krzanich resigned on Thursday after an investigation found he had a consensual relationship with an employee in breach of company policy.

06

Taiwan's Foxconn says biggest challenge is U.S.-China trade war

Reuters

TAIPEI (Reuters) - Foxconn, the world's largest electronics contract manufacturer, said on Friday the biggest challenge the company is facing is the trade war between Washington and Beijing.

03

Exclusive - Tesla to close a dozen solar facilities in nine states: documents

Reuters

LOS ANGELES/SAN FRANCISCO (Reuters) - Electric car maker Tesla Inc's move last week to cut 9 percent of its workforce will sharply downsize the residential solar business it bought two years ago in a controversial $2.6 billion deal,…

U.S. top court lets states force online retailers to collect sales tax

Reuters

The U.S. Supreme Court ruled that states have broad authority to force online retailers to collect billions of dollars worth of sales taxes, siding against e-commerce companies. Fred Katayama reports.

02

YouTube pushes memberships, merchandise as alternatives to ads

SAN FRANCISCO (Reuters) - YouTube said on Thursday that video uploaders with more than 100,000 followers could start paid fan clubs on the service, one of several new features aimed at helping itself and its users diversify revenue after a…

Favourable U.S. tax ruling gives limited boost to big-box retailers

Reuters

NEW YORK (Reuters) - Complying with a U.S. Supreme Court ruling on Thursday that forces online retailers to collect sales tax just like their brick-and-mortar counterparts will be a heavy burden for smaller e-commerce businesses.

Chile planning new ecommerce tax for multinationals - finance minister

in.reuters.com

(Reuters) - Chile's government is planning to include a new tax on multinational digital commerce companies with local operations as part of a wider tax bill set to go to Congress this year, Finance Minister Felipe Larrain said on Thursday.

Thursday, Jun 21

00

Index provider MSCI delays decision on unequal voting rights stocks

Reuters / Technology

NEW YORK (Reuters) - Stock index provider MSCI said on Thursday it extended its review of how to treat stocks with unequal voting rights and expects to make a decision by the end of October.

23

PayPal to acquire fraud prevention company Simility for $120 million

www.reuters.com

(Reuters) - PayPal Holdings Inc has agreed to acquire fraud prevention technology company Simility for $120 million in cash, it said on Thursday.